MQ Market Updates

MQ Market Updates - 31 January 2025

MQ Trader
Publish date: Fri, 31 Jan 2025, 04:48 PM

Lebtech Bhd (LEBTECH) has secured a RM21 million contract from Brighton Land Sdn Bhd for building 104 two-storey terraced houses in Shah Alam.

Lagenda Properties Bhd (LAGENDA) is optimistic about the affordable housing market in Malaysia, citing consistent high demand.

Pantech Group Holdings Bhd (PANTECH) is expected to benefit from resilience in global capital expenditure in the oil and gas sector.

Public Bank Bhd (PBBANK) and Public Islamic Bank are extending repayment relief for customers affected by floods in designated disaster areas.

Scientex Bhd (SCIENTX) expects the global packaging market to face challenges due to soft demand and high costs affecting operations.

Hong Leong Bank Bhd (HLBANK) is launching a flood relief assistance program for customers in flood-affected regions.

RHB Banking Group (RHBBANK) and AMMB Holdings Bhd (AMBANK) are providing flood relief assistance for individuals and SMEs affected by recent floods.

Hextar Capital Bhd (HEXCAP) is optimistic about its expansion into construction yielding future benefits.

Eco World Development Group Bhd (ECOWLD) is focusing on enhancing revenue and value creation across its developments this year.

Carlsberg Brewery Malaysia Bhd (CARLSBG) is expected to report strong 4Q24 results, potentially achieving a record full-year performance.

Mah Sing Group Bhd (MAHSING) is set for strong property sales from FY24 to FY26, driven by an aggressive land acquisition strategy.

VS Industry Bhd (VS) aims to sustain growth in FY25, supported by steady orders, new products, and expansion into the Philippines.

Analysts are positive on CIMB Group Holdings Bhd (CIMB), despite predictions of softer 4Q2024 results, with some upgrading ratings after a share price dip.

Revenue Group Bhd (REVENUE) anticipates challenges in FY25 but remains cautiously optimistic about its outlook.

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Disclaimer: This information does not represent a BUY or SELL recommendation on the stock covered. Traders and Investors are encouraged to do their own analysis on stocks instead of blindly following any Trading calls raised by various parties on the Internet.

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